City pays off its own tax lien. Post 151


Jacksonville taxpayers foot the bill for $86,000 investor profit on Shipyards tax lien Florida Times Union Matt Galnor May 18, 2010 “We just can’t seem to get out of our own way on that project.” Richard Clark, City Council president When the developers of the twice-failed Shipyards project didn’t pay their 2008 property taxes, two […] . . .

Read More: City pays off its own tax lien. Post 151

Lawyer gets caught rigging tax lien auctions. Post 150


Attorney sentenced to 1 year for rigging bids at tax lien auctions Baltimore Sun By Jessica Anderson May 5, 2010 Tens of millions of dollars in tax lien purchases were affected by rigging An attorney was sentenced on Tuesday to one year in jail and forced to pay $800,000 in criminal fines for rigging bids […] . . .

Read More: Lawyer gets caught rigging tax lien auctions. Post 150

Should I buy at or before tax sale auctions? Post 149


Coach Mitch’s REFLECTIONS™ Hi Coach, Love your stuff but I must be dense. I understand the reasoning behind trying to get a house & land prior to the tax sale and that doesn’t seem to be a problem. What I don’t understand is if I should get a quick claim deed from the owner and […] . . .

Read More: Should I buy at or before tax sale auctions? Post 149

Putting the bank in its place. Post 148


Coach Mitch’s REFLECTIONS™   When I read this letter, I loved it, and felt that it would gladden the heart of anyone who read it. The ‘haves’ are running the hen house (US) – into the ground. This allows for many opportunities. Those of you who want or need to put your financial house in […] . . .

Read More: Putting the bank in its place. Post 148

The price of protection in real estate investing. Post 147


Coach Mitch’s REFLECTIONS™   Get your guard up Homeowner’s insurance is a necessary part of the real estate investor’s armor. You can normally get your investment property included into your homeowners’ insurance policy, along with your car. The more you have to insure, the more valuable a client you become and you will qualify for […] . . .

Read More: The price of protection in real estate investing. Post 147

Negotiating the right way. Post 146


Coach Mitch’s REFLECTIONS™   A Question In post #142, I answered a student’s question. This is a follow-up. Mitch you are the best, thanks a million. would you by any chance have some recordings of you talking/negotiating with sellers so we can hear it live how this works etc?l The Answer While I appreciate the […] . . .

Read More: Negotiating the right way. Post 146

Bulk REO investing basics. Post 143


Coach Mitch’s REFLECTIONS™   Banks Are Motivated Sellers??? Banks are not usually thought of as “motivated sellers.” However, when today’s banks have such large portfolios of foreclosed properties, it is understandable that they are “motivated” to get these properties off their books. A while back, I got a property from a bulk foreclosure sale. You […] . . .

Read More: Bulk REO investing basics. Post 143

$200 offers for a house or land? Ridiculous! Post 142


Coach Mitch’s REFLECTIONS™   A Question Hi Mitch, Can i please ask you, if i offer to buy there property for $200 and they ask for more money, you say YES ($1 option) don’t they feel that you were first trying to trick them into selling a $100k property for $200 didn’t you like lose […] . . .

Read More: $200 offers for a house or land? Ridiculous! Post 142

Yes, you can make money using Coach Mitch’s tax delinquent property investing system. Post 141


Coach Mitch’s REFLECTIONS™   I was cleaning out my Inbox when I saw an email from a client that I had missed. It bothers me that I missed a communication from a client. It galls me when a person or a company does not respond to me immediately. Therefore, I try hard to respond quickly. […] . . .

Read More: Yes, you can make money using Coach Mitch’s tax delinquent property investing system. Post 141

Fear, regret, and dreams not realized. Post 140


Coach Mitch’s REFLECTIONS™   The other day I sent a follow-up email to several persons who had contacted me. Here is a response. Hi Mitch: It is great hearing from you. I would love to chat some more. I was not expecting to hear from you out of the blue like this. I will try […] . . .

Read More: Fear, regret, and dreams not realized. Post 140